When it comes to managing money, use of at least one bank account is inevitable. However, there is no thumb rule to determine how many bank accounts one should have to ensure hassle-free money management. But, one simple way to have an idea about how many bank accounts will be enough is to analyze your money spending limit and requirement. When it comes to creating and setting up multiple bank accounts, different banks have different policies. But, in today's helping post we are going to discuss whether you can create and set up 2 Chime accounts or not.
As you are reading this post, chances are high that you might have been using at least one bank account on Chime to send and receive money online. It means you know how simple it is to transfer money and make payment through Chime for free. But, as it happens with any other payment app, Chime also comes with some limitations. And according to the latest updates, any Chime user can transfer only $200 per day & $1000 in a month from an external bank account to a Chime account. Also, sending more than $2000 per month using the "Pay Friend" feature is not permissible.
So, the million-dollar question is- What to do if you have to send more than $2000 to your friend? What about adding more than $1000 in a month to the Chime spending account? Creating another Chime account seems a good solution. But, is it really possible? Can you have two Chime accounts? Let's find out the facts about multiple Chime bank accounts.
Can you have 2 Chime accounts?
At this point in time by writing and posting this blog, according to the latest updates, creating and using two Chime accounts is not possible. It means you can send and receive money through only one Chime bank account. Also, be cautious and alert as in recent times, there have been some reports of possible scams in which scammers offer to create two or three accounts on Chime.
Don't forget that the Chime sign up process demands an SSN. Anyone can have two contact numbers, addresses, bank accounts but no one can have two SSN. So, the point is that creating double bank accounts with Chime is far from reality. However, if you are in such a condition where you need to create a brand new account, what you can do is to delete your current Chime account and create a new one.
Important Note: Before deleting your Chime bank account, don't forget to empty your account, disable direct deposit, deactivate your chime card and delete your personal information you shared in the app. Once you delete your current Chime account, you can create a new one after 90 days.
Does Chime offer joint accounts?
Good question! Joint bank accounts have proved quite helpful when it comes to maintaining transparency and sharing money management responsibilities between two or more persons. But, a sad truth is that as of now Sep 2020, Chime doesn't offer a joint account feature. However, many other payment applications allow creating joint accounts to their users including PayPal.
If you have lost your first Chime Visa debit card or it has expired, you can order your second Chime card with ease of mind. Find below the simple steps to request the replacement of your Chime Visa debit card for free.
That was all about whether you can create and use 2 bank accounts on Chime or not. To make sure you don't get into any problems, we have also discussed joint bank accounts in Chime and getting a brand new Chime card. If you think, you did not get the answer to any of your questions, feel free to get connected.